ATRenew Inc. (RERE) intrinsic value & 10-year financials
ATRenew Inc. (RERE) has a Graham intrinsic value of $68.76 per share. Over the last 8 fiscal years revenue grew 23.1% a year to $98.8M, with an average return on invested capital of 37.5%.
- Graham intrinsic value
- $68.76
- Revenue (FY2025)
- $98.8M
- Revenue growth (8-yr CAGR)
- 23.1%
- ROIC (10-yr avg)
- 37.5%
- Free cash flow (FY2025)
- -$558.8M
RERE 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $98.8M | $336.3M | $2.07 | -$558.8M | 461.6% | 16.0% |
| FY2024 | $119.7M | -$8.2M | -$0.05 | $583.0M | 24.2% | 0.7% |
| FY2023 | $195.4M | -$156.2M | -$0.96 | $158.7M | -88.7% | -6.1% |
| FY2022 | $212.0M | -$2.5B | -$15.16 | $819.8M | -1237.8% | -66.7% |
| FY2021 | $33.9M | -$816.5M | -$13.76 | -$1.1B | -2641.6% | 285.1% |
| FY2020 | $25.6M | -$470.6M | -$18.90 | -$450.7M | -1791.7% | 7.3% |
| FY2019 | $28.4M | -$704.9M | — | -$514.1M | -2578.3% | 26.5% |
| FY2018 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
ATRenew Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
ATRenew Inc. has historically struggled to out-earn its cost of capital, averaging just -7.7% ROIC.
ATRenew Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, ATRenew Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $68.76 per share.